Printer Friendly

PORTFOLIO MANAGER CHANGE AT COLONIAL

 BOSTON, March 25 /PRNewswire/ -- Colonial Management Associates, Inc., investment adviser for the Colonial Mutual Funds, today announced that Chris Bertelsen has resigned to join Eagle Asset Management in St. Petersburg, Fla.
 Bertelsen served as lead manager for the $520 million The Colonial Fund since 1986. Dan Rie, head of equity investments, lead manager of the Colonial Growth Shares Fund and a member of The Colonial Fund management team will assume duties as lead manager of the fund on an interim basis.
 "With Colonial's team management approach, I expect no changes in the performance characteristics of The Colonial Fund," Rie said.
 Colonial is a financial services company managing over $12 billion for more than 500,000 investors. To meet a wide range of investment goals, Colonial offers a complete family of 30 open-end and five closed-end mutual funds. Colonial is a wholly owned subsidiary of The Colonial Group, Inc. (NASDAQ: COGRA)
 -0- 3/25/93
 /CONTACT: Tad Gillespie of The Colonial Group, 617-772-3852/
 (COGRA)


CO: The Colonial Group ST: Massachusetts IN: FIN SU: PER

TM -- NE006 -- 9619 03/25/93 13:07 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 25, 1993
Words:182
Previous Article:ART'S-WAY THIRD QUARTER AND NINE-MONTHS RESULTS
Next Article:GAYLORD FILES REGISTRATION STATEMENT COVERING $525 MILLION OF DEBT SECURITIES
Topics:


Related Articles
COLONIAL CLOSED-END FUNDS ISSUE DISTRIBUTION DECLARATION
COLONIAL MUTUAL FUNDS NOTICE OF DISTRIBUTION DECLARATION
COLONIAL CLOSED END FUNDS ISSUE DISTRIBUTION DECLARATION
COLONIAL CLOSED END FUNDS ISSUE DISTRIBUTION DECLARATION
/C O R R E C T I O N -- COLONIAL MUTUAL FUNDS/(Correction Notice)
COLONIAL CLOSED END FUNDS ISSUE DISTRIBUTION DECLARATION
Swayze Among Three Added to Colonial's MuniBond Staff
Colonial Promotes Three in Taxable Bond Department.
Colonial Promotes Four in Muni Department.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters